原文标题：Safe: Unlocking the Era of Programmable Ownership
Original author: 1kx, nich
Original source: mirror
Compiler: Mars Finance, MK
On the topic of Safe, we offered our thoughts and why we are looking forward to working with the community, especially at the important time when the token transferability is about to be voted on.
Since the fund's inception in 2018, we at 1KX have invested in more than 100 projects, believing that a software-driven, community-governed token network has great potential to transform the global economy and society. We believe that the technology that enables this vision must be based on three core principles:
Self-regulation. Users should have full control over their digital assets and be able to use them in a secure and convenient manner.
This opens a new chapter in digital property rights.
Open innovation. Technology primitives need to be open, permissionless, and composable, facilitating a robust ecosystem of standalone products and services built on top of it.
Community Ownership. Builders, contributors, and users should take control of the protocols and infrastructure that increasingly underpin our daily lives. In the long term, this aligns with the incentives for network participants, and the token becomes a tool to capture and distribute the value of the protocol, rewarding those who contribute to its success.
Over the past five years, Safe has built a strong foundation for the Web3 ecosystem on these three pillars. First, by providing a self-custody smart account, on-chain organizations are ensured to securely manage their treasury. Subsequently, Safe opened up its core infrastructure, allowing independent teams to innovate in a modular, permissionless manner. Finally, the launch of SafeDAO and SAFE tokens is committed to driving the decentralization of technology, economics, and governance of key components in the Safe ecosystem.
Why we like Safe
Safe was born with the classic entrepreneurial concept of "what you need", and the in-house multisig smart contract wallet "Gnosis Safe" developed by the Gnosis team is designed to manage its assets. This multisig product was quickly adopted by other DAOs and communities as an easy way to manage on-chain assets. In the rapidly developing DAO tool ecosystem at that time, Safe was one of the first tools to match the market demand.
When we led our investment in Safe in 2022, it became the de facto asset management solution for DAOs, enterprises, and high-end users. Safe had more than $40 billion in assets under management at the time, covering wallet ecosystems such as Metamask Institutional, money management from Coinshift, Parcel, Onchainden's DAO tool, and Castle's NFT investment management with products based on its core smart accounts.
We have long regarded Safe as a critical infrastructure in this sector and are excited about its future development. The value of Safe is more than just a standalone multisig wallet, it is designed as a fully secure, programmable ownership platform. Over the past two years, we've worked closely with the Safe team to shape this vision, and we've continued to build on it through Safe{Wallet} and Safe{Core}.
Enhanced programmable ownership
Safe{Wallet}, a flagship self-custody wallet based on the Safe{Core} smart account contract, has become one of Lindy's products in the web3 space for its impeccable security record, technical rigor of the team, and community governance.
The widespread adoption of Safe has driven market cycles and accelerated the disintegration of centralized service providers. Within a week of the FTX scandal, Safe achieved a net inflow of more than $800 million, which strengthened market confidence in the product and expanded the user base of Safe's product and service ecosystem.
Currently, Safe's achievements include:
- Manage more than $100 billion worth of assets across more than 15 networks
- Ethereum alone transfers $1 billion per month
- 8 million Safe accounts created (290% year-on-year)
- Completed 42 million Safe transactions (350% year-over-year)
- More than 200 projects are built on Safe accounts and tools
TVL benchmarks conducted by Areta show that Safe is second only to well-known Layer 1 protocols and other category leaders in the overall ecosystem.
Safe now supports payments through traditional payment channels through debit card products such as Gnosis Pay and BasedApp. For the first time, consumers can use the assets in their Safe{Core} Smart Account to make purchases at any merchant that accepts Visa.
Safe{Wallet} is based on a mature smart contract core that can be combined with other protocols and applications. Its app store already has more than 100 apps covering DeFi, NFT, bridging, and governance, enabling users to interact directly from the wallet interface. What's more, Safe's structural design supports the expansion of functionality through third-party modules, giving users the freedom to choose partner service providers and transforming Safe into a platform for downstream products and services.
For example, the recovery module allows users to specify recovery agents and customize recovery conditions. Safe's recently launched Recovery Hub leverages this module to provide a curated marketplace for crypto recovery options, starting with Sygnum and Coincover, to meet the needs of different individuals, DAOs, and institutions for recovery solutions and providers.
Other module examples include Session Keys, Account Automation, and Spending Limits. The Zodiac team was responsible for most of the development of the Safe module set. However, over the past year, we've seen the rise of dedicated module infrastructure projects like Rhinestone* and ZenGuard, which have enhanced the functionality of smart accounts by accelerating module development through development tools and module registries.
The popularity of Web3 is accessible to the masses
As the first and leading smart account provider, Safe has always been at the forefront of the account abstraction movement, striving to make smart accounts the standard way to interact with web3. 2023 has been a pivotal year for the wallet ecosystem, with the mainnet deployment of the ERC-4337 EntryPoint contract and the growth of embedded wallets allowing users to onboard dapps through a familiar login flow.
For developers and builders, Safe{Core} becomes an essential tool for integrating Safe Smart Accounts into any platform. The Account Abstraction SDK is designed to be compatible with paymaster services for gas abstraction, authentication providers, and transaction relay infrastructure, ensuring that Safe accounts are highly compatible with the developer's toolstack. The Safe{Core} SDK continues to lead the market as builders look to improve the usability of their dapps with enhanced AA features.
Safe's commitment to the highest safety standards and unmatched track record ensures that developers can launch production-ready applications and users can interact with Safe accounts with confidence. Not only does account abstraction unlock the full potential of web3, Safe's plug-and-play features, proven infrastructure, and active builder community will drive even more ambitious goals in the years to come.
As long-time users and members of the Safe ecosystem, we are excited to look forward to the rapid growth of the Safe primitives in new user groups, networks, and markets, as smart accounts become the primary way to interact with web3.